This article has developed a new model of welfare dynamics under imperfect information or imperfect competition by …

The paper constructs a theoretical framework in which the value of information in general equilibrium can be linked to … the efficiency of the risk sharing mechanism. We demonstrate that in economies with production, information may have … negative value even though no risk sharing markets exist. As a rule of thumb the value of information tends to be lower the …

information, and an incomplete asset market. For alternative scenarios, which differ in the information available to consumers and … monetary policy can be effective (i) by modifying the structure of payoffs of assets and (ii) by modifying the information …

Numerous microfinance initiatives around the world aim to alleviate poverty in developing countries. However, debate … community, which contribute about $9.4 billion to microfinance funding. In this policy-oriented article we aggregate findings … from two studies in Indonesia that help explain why moneylending can still thrive when low-interest microfinance is widely …

smallholder farmers to commercialize in Nepal. These programs help farmers to access information on new technologies, overcome …

It is common to see the interest rate on savings in community-managed microfinance being reported as "20-30% annually …

traditional social mission of microfinance – outreach to the poor. We also address whether the way ownership is organised and … practiced affects the costs of microfinance delivery. Based on a disaggregated 107 sample microfinance providers in Ethiopia … contradictory objectives. Microfinance providers that are closer to the best practicing cost frontier are those with higher average …

Growing commercialization and competition in microfinance drives the focus of micro lenders from outreach per se to … microfinance – outreach to the poor. In places where credit markets are inefficient, attaining financial sustainability while … ability of cost containment often varies by lending terms and organizational forms. Using disaggregated data of microfinance …

the Performance Microfinance Banks in Cane Enhancing and its Impact on Sugar Industry of Sindh. Data was collected from … grow. The government and Microfinance banks should focus on promotion and paid participation in agricultural activities …

Numerous microfinance initiatives around the world aim to alleviate poverty in developing countries. However, debate … community, which contribute about $9.4 billion to microfinance funding. In this policy-oriented article we aggregate findings … from two studies in Indonesia that help explain why moneylending can still thrive when low-interest microfinance is widely …